Asian markets ended mostly higher on Monday as growing optimism over US-China trade talks and strong US job data boosted global investor sentiment. The United States and China both said on Friday that they had made progress in talks aimed at defusing their protracted trade war, and US officials said a deal could be signed this month. While, the Chinese Commerce Ministry said the world's two largest economies had reached ‘consensus on principles’ during a ‘serious and constructive’ telephone call between their main trade negotiators. Chinese shares ended higher, encouraged by Beijing's increasing efforts to open up its financial markets, investors awaited China President Xi Jinping's planned keynote speech at the Shanghai international import exhibition for further direction. Meanwhile, the Japanese markets were closed for the Culture Day holiday.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,975.49 | 17.29 | 0.58 |
Hang Seng | 27,547.30 | 446.54 | 1.65 |
Jakarta Composite | 6,180.34 | -26.85 | -0.43 |
KLSE Composite | 1,602.48 | 9.14 | 0.57 |
Nikkei 225 | - | - | - |
Straits Times | 3,236.40 | 6.97 | 0.22 |
KOSPI Composite | 2,130.24 | 30.04 | 1.43 |
Taiwan Weighted | 11,556.85 | 157.32 | 1.38 |
